Report

Global Lecithin & Phospholipids Market Size study, By Source, by Type, by Application (Feed, Food & Beverages, by Nature, and Regional Forecasts 2022-2028

  • Publish Date: Oct,2022
  • Report ID: QI037
  • Page : 200
  • Report Type : PDF (Email)
Global Lecithin & Phospholipids Market is valued at approximately USD 5.17 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.30%over the forecast period 2022-2028. Lecithin (phosphatidylcholine) is a choline precursor. The major purposes of the multifunctional food ingredient lecithin are emulsified and dispersion. Lecithin's elemental composition, which includes a complex blend of phospholipids, glycolipids, carbohydrates, and triglycerides, is what provides it its surface-active characteristics. The global lecithin and phospholipids market is being driven by shifting consumer preferences toward convenience foods, changing work culture, and global retail expansion. The IMCD Group BV acquired Polychem Handelsges. m.b.H. in December 2021 to serve customers and partners throughout Southeast Europe (SEE). By establishing the first laboratory in this region, it expands the global network of technical ers while also providing further regional development in SEE emerging markets. Key players are making strategic moves to leverage significant shares in the market. Vav Life Sciences increased its production capacity in November 2021 to meet overseas demand and increase sales by 3.5 times. Furthermore, Vav Life Sciences invested USD 2 million to increase production capacity at the EU GMP site in order to meet international demand. However, health concerns about the consumption of genetically modified (GM) products are expected to limit market growth.

The key regions considered for the global Lecithin & Phospholipids market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The largest market for lecithin and phospholipids is Europe, followed by North America and Asia Pacific. In terms of value and volume, Asia Pacific is expected to be the fastest-growing region-level market for lecithin and phospholipids. The animal feed industry, in conjunction with the food and beverage industries, has significantly contributed towards the growing lecithin and phospholipids market in the region. Agriculture and food processing industries accounted for more than a quarter of Asia Pacific developing countries' GDP in 2019, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP).

Major market players included in this report are:

Cargill

ADM

DuPont

IMCD Group B.V.

Bunge Limited

STERN-WYWIOL GRUPPE

Wilmar International Ltd.

Sonic Biochem

Avril Group

American Lecithin Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Source:

Soy

Sunflower

Rapeseed & canola

Egg

Other sources

By Type:

Fluid

De-oiled

Modified

By Nature:

GMO

Non-GMO

By Application:

Food & beverages

Feed

Industrial

Healthcare

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Lecithin & Phospholipids Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors